- Manager
- Karvy Capital
- Service
- Discretionary
- Asset class
- Debt
Excel
+8.81%
1-year return
Benchmark CRISIL – Aggressive Credit Debt Term Index +9.25% · to 30 Sep 2026
Karvy Capital’s Excel returned 8.81% over the year to 30 Sep 2026, against 9.25% for its benchmark, the CRISIL – Aggressive Credit Debt Term Index. It managed ₹57.67 crore across its clients.
Key numbers
- AUM
- ₹57.67 Cr
- Benchmark
- CRISIL – Aggressive Credit Debt Term Index
- Turnover, past year
- 104.43×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | CRISIL – Aggressive Credit Debt Term Index | Difference |
|---|---|---|---|
| 1 month | +0.66% | +0.54% | +0.12% |
| 3 months | +2.83% | +1.62% | +1.21% |
| 6 months | +5.32% | +4.77% | +0.55% |
| 1 year | +8.81% | +9.25% | −0.44% |
| 2 years | +9.97% | +9.94% | +0.03% |
| 3 years | +10.32% | +9.68% | +0.64% |
| 4 years | +10.70% | +10.39% | +0.31% |
| 5 years | +10.74% | +9.86% | +0.88% |
| Since inception | +10.47% | +9.68% | +0.79% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Portfolio mix
- Debt98.59%₹56.86 Cr
- Mutual funds1.68%₹0.97 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹0
- Outflow, Sep 2026
- ₹9.26 Cr
- Net, Sep 2026
- −₹9.26 Cr
- Net, FY to date
- −₹19.40 Cr
- Turnover, month
- 13.29×
- Turnover, past year
- 104.43×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Excel returned?
8.81% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 0.66%; 3 months: 2.83%; 6 months: 5.32%; 1 year: 8.81%; 2 years: 9.97%; 3 years: 10.32%; 4 years: 10.70%; 5 years: 10.74%; Since inception: 10.47%.
How has it done against its benchmark?
Its benchmark, the CRISIL – Aggressive Credit Debt Term Index, returned 9.25% over the year, so the strategy was 0.44 percentage points behind.
How much does Excel manage?
₹57.67 crore at 30 Sep 2026, as reported to SEBI.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
Who manages Excel?
Karvy Capital, a SEBI-registered portfolio manager (INP000004524), runs it as a discretionary service.
How are PMS returns reported?
Portfolio managers report each strategy’s time-weighted return (TWRR) to SEBI every month, after fees and expenses, beside the benchmark they chose. Periods over a year are annualised.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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